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(Iecc Care) Independent Excel Care Consortium Limited

08591892

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

2 GLADSTONE ROAD, COLCHESTER, CO1 2EB
Incorporated 01/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Mr Gamika Rasal Gunasene

director · Since 01/07/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 4 other boards

Mrs Vasudha Lavangi Gunasene

director · Since 25/03/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 6 other boards

Persons with Significant Control

Mr Gamika Rasal Gunasene

25–50% shares
25–50% votes

British · United Kingdom · Age 63

2, The Jays, Colchester, CO4 9TW

Notified 06/04/2016

Mrs Vasudha Lavangi Gunasene

25–50% shares
25–50% votes

British · United Kingdom · Age 63

2, The Jays, Colchester, CO4 9TW

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

CLYDESDALE BANK PLC

Created 18/10/2022Registered 18/10/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 18/06/2015Registered 23/06/2015

CompanyRankvs 2291+ SIC 88990 peers
51

Financial strength32th percentile among SIC peers · 8/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.45× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength8/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and other

Key FinancialsYear ending 31/07/2024

Net Worth

£2

Balance sheet strength

Cash

£266k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.2M

Current Liabilities

£637k

Fixed Assets

£31k

Debtors

£1.9M

133avg. employees-20

Tax at Year End

Corp tax£355k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.45
20232.98
20222.66
20212.41-£251k
20203.80-£59k
201924.64+£286k
20183.05

Derived from filed accounts. Not audited figures.